Sorry, folks, but the Public Debt now is so much higher than 20 or 30 years ago, even when taking in inflation.
The same to be said of collective private debt.
Unemployment is more than double than in the 70s.
And North Sea oil and gas is all but used up.
We've reached the end of a road.
You need to be pragmatic in analysing a situation, as I am, else you won't know how to solve a problem.
Comparing our situation today as to that in the days of M. Thatcher's government, Barry, is nothing short of hood-winking.
